Nvidia vs. Alphabet: Which Is the Best Artificial Intelligence (AI) Stock to Buy Now?
Key Points:
- Nvidia and Alphabet are both key players in AI computing, with Nvidia specializing in GPUs and Alphabet developing its own Tensor Processing Units (TPUs) for niche AI workloads.
- Nvidia's GPUs are versatile and widely used across various industries, while Alphabet's TPUs are mainly accessible through Google Cloud, creating some client dependency on Alphabet's ecosystem.
- Nvidia's revenue is heavily driven by AI, leading to rapid growth projected at 65% for the current fiscal year, whereas Alphabet has a more diversified business model with a steadier 7% revenue growth forecast.
- Alphabet's broader business portfolio, including Google Search, YouTube, and Google Cloud, offers stability beyond AI, while Nvidia's stock presents higher upside potential but with greater market risk tied to